Skip to main content

About your Search

20130301
20130331
STATION
LANGUAGE
Search Results 0 to 0 of about 1
CNBC
Mar 28, 2013 6:00am EDT
it well. it's sort of -- you know, as you see in baseball, the oakland a's with money ball. they didn't win the world series in the year of that book and movie and they vice president since. although, you know, it probably makes them perform better than they would otherwise. so it's no guarantee of success. but if you do it well, you tend tovnt in almost every case there is a slight performance advantage. >> the company i was thinking of was the gary loveman example at cesar's where he was using the data in making a bid for macau and probably decided not to probably for the wrong reasons. >> that is true. and he admits it's the biggest mistake of his career as a ceo. but on the other hand -- >> what's the back story there? he was looking at what -- what numbers was he looking at that he misinterpreted? >> well, yeah, you know, this was classic financial analysis. they were looking at buying a gaming license in macau and macau wanted 900 million. and all of the financial analysis suggested that the most it was worth would be about 500 million. now he figures it was probably worth
Search Results 0 to 0 of about 1